Middle East: Wooden Door Market 2024

Wooden Door Market Size in the Middle East

The Middle Eastern wooden door market rose modestly to $X in 2021, surging by 1.8% against the previous year. The total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +34.5% against 2014 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Wooden Door Production in the Middle East

In value terms, wooden door production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of 18%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Wooden Door Exports

Exports in the Middle East

For the third consecutive year, the Middle East recorded growth in overseas shipments of doors and their frames and thresholds of wood, which increased by 22% to X units in 2021. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 109%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, wooden door exports soared to $X in 2021. Total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +26.1% against 2019 indices. The growth pace was the most rapid in 2015 with an increase of 108% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey dominates exports structure, finishing at X units, which was approx. 92% of total exports in 2021. The United Arab Emirates (X units) took a minor share of total exports.

Turkey was also the fastest-growing in terms of the doors and their frames and thresholds of wood exports, with a CAGR of +11.9% from 2012 to 2021. The United Arab Emirates (-10.0%) illustrated a downward trend over the same period. Turkey (+21 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -11.7% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest wooden door supplier in the Middle East, comprising 88% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 4.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Turkey stood at +6.9%.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, approximately reflecting the previous year. In general, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2014 when the export price increased by 7% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while Turkey totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%).

Wooden Door Imports

Imports in the Middle East

In 2021, purchases abroad of doors and their frames and thresholds of wood increased by 12% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a perceptible descent. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, wooden door imports surged to $X in 2021. In general, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2013 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Iraq was the major importing country with an import of around X units, which finished at 37% of total imports. The United Arab Emirates (X units) ranks second in terms of the total imports with a 19% share, followed by Israel (14%), Kuwait (7.9%) and Oman (7.1%). Qatar (X units) and Turkey (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +26.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden door importing markets in the Middle East were Iraq ($X), Qatar ($X) and the United Arab Emirates ($X), together comprising 55% of total imports. Israel, Kuwait, Oman and Turkey lagged somewhat behind, together comprising a further 25%.

Kuwait, with a CAGR of +14.5%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per unit, with an increase of 3.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 an increase of 11%. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Qatar ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+0.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :